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Ripple President Rejects IPO Rumors: Why the $40B Company Stays Private

For months, the "XRP Army" and Wall Street analysts have speculated that 2026 would be the year Ripple ( $XRP ) goes public. Today, Ripple President Monica Long ended that speculation.

Why No IPO?
Monica Long stated that Ripple is in a "really healthy position" and does not require the public markets to fund its growth. The company’s focus remains on execution over a listing. With a $40 billion valuation achieved after a strategic investment from Citadel Securities and Pantera Capital, Ripple has all the capital it needs to dominate the cross-border settlement space.

Key 2026 Developments for Ripple:
OCC Approval: Ripple recently received conditional approval for a National Trust Bank Charter, allowing it to bridge traditional banking with the XRP Ledger.
Product Scaling: The company is doubling down on RLUSD, its dollar-pegged stablecoin, to facilitate institutional liquidity.
Acquisitions: Using its cash reserves, Ripple is actively acquiring infrastructure firms (like the $1.25B Hidden Road deal) to become a full-stack prime broker.

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